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Romney’s Medicare plan short on details

Partial privatization seen as bold, vague

Mitt Romney’s proposal would allow Americans over 65 to shop for health insurance while giving the government a tool to cap how much it spends on each beneficiary. Mitt Romney’s proposal would allow Americans over 65 to shop for health insurance while giving the government a tool to cap how much it spends on each beneficiary. (Steve Pope/Associated Press)
By Tracy Jan
Globe Staff / November 26, 2011
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Mitt Romney’s plan to reform Medicare and rein in federal spending would not only privatize the government health insurance program for seniors and raise the age of eligibility. It would also shift a significant portion of the cost to seniors - a serious consequence some health care analysts criticize Romney for pointedly neglecting to mention. Still, he gets credit for taking on an entitlement program that threatens to become an even bigger budget-buster as more baby boomers reach 65.

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